Media Monitor
Agriculture Industry
Loan waivers: No silver lining for farm sectoredit
In a country where bank loans worth Rs 10 lakh crore qualify to be categorised as bad, the wave of competitive populism in bailing out farmers is building further stress for lenders. From the largest State Bank of India to the most valuable HDFC Bank — all have their share of repayment woes, sown in the rural hinterland.
Climate change hits crops, farmers alikeedit
Climate change has hit agrarian Uttar Pradesh very hard and experts claim that crop yield in over a dozen districts across the state has been adversely affected and might result in a drop in production and financial losses to farmers.
As polls draw closer, government mulls steps to support farmers in distressedit
The government is considering several measures to support farmers in distress as pressure mounts for a nationwide loan waiver scheme ahead of the general election. These include doubling collateral-free loans under Kisan Credit Cards (KCCs) to Rs 2 lakh and changes in the Pradhan Mantri Fasal Bima Yojana (PMFBY) crop insurance scheme to enhance coverage and ensure faster settlement of claims, said a senior official.
Loan waivers: No silver lining for farm sectoredit
In a country where bank loans worth Rs 10 lakh crore qualify to be categorised as bad, the wave of competitive populism in bailing out farmers is building further stress for lenders. From the largest State Bank of India to the most valuable HDFC Bank — all have their share of repayment woes, sown in the rural hinterland.
We produce 50% of India’s tractors, 60% bicycles. We want to get into e-vehiclesedit
Punjab would be participating for the first time in the World Economic Forum (WEF) in January 2019. WEF, Switzerland-based not-for-profit organization founded in 1971, has come a long as an international institution that attracts top brains from businesses and governments from across the world. An agrarian Punjab would be represented by its finance minister Manpreet Singh Badal, who spoke to TOI’s Sanjeev Verma about his expectations from the Forum’s annual meeting in Davos starting January 21, 201
Farmer support schemes should evolve into basic income schemesedit
Last week, Jharkhand anounced a plan to give Rs 5,000 per acre aid to small and marginal farmers from the next financial year. Odisha has gone a step further and promised Rs 10,000 per family “as financial assistance for taking up cultivation” for the next three financial years. These are good starts but more could be done.